Consignment
The relationship between companies and their suppliers continues to be one of the most important and complex facets in any industry. Without a strong sense of trust, visibility and communication; competition in the marketplace can rise and discrepancies of inventory policies and management can occur.
Clear Spider's Consignment solution enables businesses to create and strengthen relationships with customers while managing inventory. Our Consignment solution allows visibility of information such as receipts, adjustments and shipments, so customers receive the correct inventory at the precise location and time. Companies can also keep track of outstanding inventory that is still on their books.
Benefits
Shorter replenishment cycle-times
Increased sales
Increased customer service
Clear Spider's Consignment solution allows businesses to operate with greater efficiency. Costs are eliminated as there is less paperwork involved as all parties enter and retrieve information through Clear Spider's web-hosted system. Having visibility of inventory levels at customer sites allows for short-replenishment cycle-times as suppliers are able to keep shelves stocked at all times. This leads to increased sales as stock-outs and communication delays between customer and supplier are eliminated.
Customer service is improved significantly as a result and the relationship between supplier and customer will be strengthened.
Features
Simple browser (and integration) for consignment customers to enter sales
Automated replenishment order creation
Periodic (daily/ weekly/ monthly) usage reports
Clear Spider's Consignment solution makes management of inventory easier for those businesses that have inventory at a customer's site but is still owned by the supplier. Clear Spider's web-hosted solution and simple browser allows for consignment customers to access and enter real-time information about receipts, adjustments, shipments, allocations, cycle and physical counts. This allows for suppliers to plan for replenishment or allow for automated replenishment order creation.
The compilation of this data allows businesses to create periodic (daily, monthly, weekly) reports using Clear Spider. This facilitates greater planning and control over business operations